Meta’s AI shortfall prompts Zuckerberg’s $15B investment in Scale AI — Report

Mark Zuckerberg is reportedly assembling a superintelligence group that will include Scale AI founder Alexandr Wang.

Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape. 

After days of speculation, The Information reported on Tuesday that Meta has finalized a $14.8 billion deal for a significant minority share in Scale AI. 

According to sources familiar with the negotiations, the transaction was completed in cash and includes Scale AI’s CEO, Alexandr Wang, joining Meta as part of a new “Superintelligence” initiative.

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